NEW YORK, Oct. 7, 2024 (GLOBE NEWSWIRE) – Bernstein Liebhard LLP is reminding investors of an important deadline regarding a class action lawsuit against Starbucks Corporation (NASDAQ: SBUX).
If you purchased shares of Starbucks between November 2, 2023, and April 30, 2024, you may be eligible to participate in this lawsuit. The case has been filed in the United States District Court for the Western District of Washington and alleges that Starbucks and certain executives violated the Securities Exchange Act of 1934.
Key Details
Eligibility: Investors who bought Starbucks shares during the specified period and experienced financial losses are encouraged to reach out.
Allegations: The lawsuit claims that Starbucks made misleading statements about its fiscal year 2023 revenue, guidance for fiscal year 2024, and its global portfolio strategy.
Deadline: To act as a lead plaintiff in this case, you must file your motion by October 28, 2024. A lead plaintiff represents the interests of all class members but is not required for recovery.
Bernstein Liebhard LLP operates on a contingency fee basis, meaning there are no upfront costs for shareholders. Since its founding in 1993, the firm has recovered over $3.5 billion for clients and has represented both individual investors and large pension funds.
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